YEARLY HIGH
306.8620 IRR
YEARLY LOW
257.1170 IRR
YEARLY AVERAGE
281.6400 IRR

2019 PKR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 306.8620. Conversely, the yearly low was recorded on June 30, dropping to 257.1170.

This high-to-low spread represents a total annual volatility of 49.7450 IRR. From a start-to-finish perspective, comparing the January average rate of 303.3655 to the December average rate of 271.7871, the exchange rate registered a net change of -10.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 306.8620 was down 16.04% compared to the 2018 peak of 365.4956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 153,431,009 IRR
2018 Average 167,657,515 IRR
Yearly Trough Low 128,558,491 IRR
Transaction Impact: A difference of 24,872,517.92 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

307.2803
260.3022
JanuMarcMayJulySeptNove

PKR to IRR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 295.0761, compared to 268.2039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.8722 points.

H1 Avg (Jan–Jun) 295.0761
H2 Avg (Jul–Dec) 268.2039

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 32.2898 IRR (High: 289.4068 / Low: 257.1170). On the other end, December was the most stable month, with a tight range of 1.3099 IRR (High: 272.4794 / Low: 271.1694).

June Spread (Volatile) ±32.2898
December Spread (Stable) ±1.3099

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 15.4579 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -15.4579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 303.3655) against the same month in 2018 (average: 325.7061), the exchange rate shifted by -22.3406 (-6.86%).

2019 Avg (January) 303.3655
2018 Avg (January) 325.7061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 306.8620 300.9230 303.3655
February 304.4351 301.1829 302.3219
March 306.7130 298.9881 301.6776
April 302.2264 296.2259 298.2205
May 300.7247 276.4760 290.1644
June 289.4068 257.1170 274.7065
July 269.0064 259.4295 264.2170
August 268.1614 262.0632 264.2900
September 270.8120 267.7025 268.8855
October 270.7602 268.0283 269.4333
November 272.0205 269.6187 270.6105
December 272.4794 271.1694 271.7871